Karooooo Ltd.

Karooooo Ltd. is a global provider of an operational intelligence platform. Founded in South Africa in 2001, the company initially focused on SVR (Stolen Vehicle Recovery) services in the region. Its operational intelligence platform integrates vehicles, assets, field workforce, and operational workflows into a single intelligent ecosystem. The platform uses proprietary hardware and software to capture, process, and analyze real-world operational data, converting billions of data points into actionable intelligence. This intelligence assists customers in making decisions related to safety, productivity, compliance, cost control, and service execution. The platform is delivered through cloud-based applications and offers operational visibility, workflow automation, AI-powered video intelligence, and decision-support capabilities. In 2020, Karooooo Ltd. moved its global headquarters to Singapore. The company has developed new software applications including fleet management, mobile asset tracking, workforce management, video solutions (including AI-assisted video), and logistics management. It has also developed capabilities in data management at scale and a broad range of communication technologies and protocols. Karooooo Ltd. has expanded its sales and marketing to include commercial fleets of all sizes and has grown its geographic footprint. Its single user interface and fully integrated operational intelligence platform operates on various IoT devices, including internally developed devices, direct integrations to OEM devices, third-party smart IoT devices, and customer pre-owned devices. Discreet smart devices stream data to the platform, enabling informed decisions about asset efficiency and productivity, including live tracking and location of assets.